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(M9) Comfortably Within Their Recent.....>

BOBL TECHS
BOBL TECHS: (M9) Comfortably Within Their Recent Range
*RES 4: 133.170 High Feb 26 (continuation chart)
*RES 3: 133.020 High Mar 7 (continuation chart)
*RES 2: 132.660 High Mar 8
*RES 1: 132.490 Intraday high Mar 20
*PRICE: 132.400 @ 21:11 GMT Mar 20
*SUP 1: 132.230 Low Mar 7,19
*SUP 2: 132.040 Low Mar 6
*SUP 3: 131.930 Low Mar 5
*SUP 4: 131.910/131.870 Low Mar 4/100-dma
Despite the dovish Fed statement, Bobl futures remained comfortably within their
recent range on Wednesday. Bears will look to retest the March 7 low at 132.230
with a break below returning the focus to the March lows, below which would
shift the outlook outright bearish. To regain the upper hand bulls need to close
above 132.430. Above here would put the focus back on the March 8 high at
132.660.

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